Crypto Whale James Wynn Wiped Out in 12 Hours as Bitcoin Shatters All-Time Highs
Another day, another whale carcass on the crypto reef.
As Bitcoin blasted past its previous ATH this week, notorious trader James Wynn got steamrolled by the rally—losing his entire leveraged position in just half a day. The liquidation serves as a brutal reminder that even veterans get wrecked when markets go parabolic.
Margin calls don't discriminate
Wynn's portfolio—once worth nine figures—evaporated faster than a meme coin's utility. The forced sell-off occurred during Tuesday's vertical price action, proving once again that excessive leverage is just institutionalized gambling with extra steps.
While retail traders cheer new price discoveries, the smart money knows: today's ATH is tomorrow's liquidation price. Stay humble, stack sats, and maybe—just maybe—keep some dry powder for the inevitable pullback.